Navigation Links
Microbix Announces A New Technology Platform For The SST Project
Date:4/7/2009

    New intellectual property strengthens shareholders' exclusive access to
    the global livestock AI industry

TORONTO, April 7 /PRNewswire-FirstCall/ - Microbix Biosystems Inc. (MBX:TSX) announced today that the Company is proceeding to submit a new patent application, based on discoveries arising from its extensive work on the Semen Sexing Technology (SST) program.

The new technology represents a significant departure from other methods to separate sperm cells by sex, and will potentially provide the Company with a further entree into the global Artificial Insemination (AI) industry. The technology affords shareholders a strong and exclusive intellectual property position and a simplified path through development and commercialization. The Company does not anticipate significant further research-phase investment in SST, and anticipates the ability to focus exclusively on development and commercialization activities with timelines determined accordingly.

"In the high risk world of biotech R&D, this is a success by any standard," said Microbix Chief Executive Officer William J. Gastle. "New intellectual property, in a large market, with a significant competitive advantage, are all criteria to be met when creating shareholder value. That is what we have done here."

The worldwide AI market is over $ 2.5 billion and Microbix estimates that sexed semen will garner a premium price of about 2.5 times the price of unsexed semen product. The Company's previous estimate of royalties of 15% of sales remains unchanged with the new technology. A number of AI companies representing 13% of the market have already agreed to participate in field trials.

The acquisition of the initial protein-based technology and assets from Sequent Biotechnologies in 2005 gave Microbix a significant lead in understanding the structural differences between X and Y chromosome-bearing bovine sperm. In June 2007 the Company reported
'/>"/>

SOURCE Microbix Biosystems Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3

Related biology technology :

1. Microbix First Quarter Sales Grow Over 50% With Continued Progress On The Pipeline
2. Microbix Uses Core Business Cashflow To Fund Late-Stage Pipeline To Build Shareholder Value In 2009
3. ImaRx Therapeutics Signs Letter of Intent With Microbix Biosystems for the Sale of Urokinase
4. Oncolytics Biotech(R) Inc. Announces Positive Results of U.K. Phase II REOLYSIN(R) and Radiation Combination Clinical Trial
5. Caliper Life Sciences Announces Date and Location of its 2009 Annual Meeting of Stockholders
6. Immunotech Laboratories Announces South American Strategy
7. Siemens Healthcare Announces Planned Collaboration with Harris Corporation
8. ChromaDex Announces 2008 Year End Financial Results
9. China Agri-Business Announces 2008 Operating Results
10. Verenium Announces Organizational Changes
11. ThermoGenesis Announces Abstracts to Be Presented at Upcoming Stem Cell Therapy Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/11/2014)... (PRWEB) July 11, 2014 Cayenne ... company specializing in the soft tissue reconstruction segment, ... Anchor System for surgeries involving the shoulder and ... through a novel, inserter-controlled deployment method. The unique ... partial deployment, anchor pull-out, or anchor displacement (also ...
(Date:7/10/2014)... Mass. (PRWEB) July 10, 2014 Terascala, ... today announced that Alan Swahn, a former vice president ... executive team as vice president of marketing. Terascala’s software ... Dell and NetApp create the highest performance and most ... been appointed to guide Terascala’s channel expansion and broaden ...
(Date:7/10/2014)... 2014 Senior supply chain management executives ... addressed the challenges of “Reducing Cost, Lead Time, & ... strategic sourcing. Describing the partnership of the Bio Supply ... Management Institute ( SCMI) of the University of ... at the Kroc Institute of Peace and Justice in ...
(Date:7/10/2014)... July 10, 2014 Research and Markets ... the "International Photonic Integrated Circuit (Monolithic Integration, ... 2019" report to their offering. ... concept of photonic integration traces its roots in ... promise of photonic integration went unexplored and unfulfilled ...
Breaking Biology Technology:Cayenne Medical Launches SureLock™ All-Suture Anchor System for Shoulder and Extremity Surgery 2Cayenne Medical Launches SureLock™ All-Suture Anchor System for Shoulder and Extremity Surgery 3Terascala Expands Executive Team 2Terascala Expands Executive Team 3Biotech & Biopharm Supply Chain Management Executives Launch BSMA in San Diego 2Biotech & Biopharm Supply Chain Management Executives Launch BSMA in San Diego 3Biotech & Biopharm Supply Chain Management Executives Launch BSMA in San Diego 4International Photonic Integrated Circuit (Monolithic Integration, Hybrid Integration, Module Integration) Market - Forecasts to 2019 2
... (Pink Sheets: BSTC.PK) today announced that it sold,200,000 ... private placement,offering to an investment fund, at a ... to the Company of $2,100,000., About BioSpecifics ... biopharmaceutical company that has,developed and licensed injectable collagenase ...
... is seeking nominations for the Third Annual Greater ... March 18, 2008. Those,interested in nominating a company ... The four award categories are: Entrepreneurial, Best ... Award. Nominators will,be asked to submit documentation and ...
... multiplexing module, SANTA ROSA, Calif., Jan. 14 ... provider of optical components for industrial,applications, is to ... technology. The compact LED combining module, which utilizes,proprietary ... medical instrumentation. The ZoroLight LED module will be,on ...
Cached Biology Technology:Bookham to Enter Biomedical Illumination Market 2Bookham to Enter Biomedical Illumination Market 3
(Date:7/11/2014)... from the Max Planck Institute for Medical Research in ... understanding photosynthesis, the process by which the Earth first ... and which is therefore crucial for all higher forms ... the first direct visualization of a crucial event in ... specific protein complex, photosystem II, splits water into hydrogen ...
(Date:7/11/2014)... of kidney injury related to the use of hydroxyethyl ... HES molecules, according to a report in Anesthesia ... Research Society (IARS). , The "total mass of HES ... human renal proximal tubule cells (PTCs), concludes the laboratory ... Hospital Wrzburg, Austria. Other factorssuch as differences in ...
(Date:7/11/2014)... is evidence that under the normal circumstances, ... development, maintain neuronal environment, and exhibit therapeutic ... neurodegenerative disease. Previous studies have found that ... after chemical induction have reduced viability, which ... Prof. Xiaodong Yuan, Kailuan General Hospital, Hebei ...
Breaking Biology News(10 mins):A first direct glimpse of photosynthesis in action 2In lab studies, hydroxyethyl starch has direct harmful effects on kidney cells 2
... from the University of Alberta, the Yerkes National Primate ... Center has successfully transplanted insulin-producing neonatal porcine islet cells ... promising intermediate solution to the critical supply problem in ... U of A and Emory, along with recent work ...
... Researchers at the University of Pennsylvania School of Medicine ... the host cell's ability to survive by binding to ... enzyme from activating the cell's immune system. These findings ... imply new approaches to treating AIDS, inflammatory diseases such ...
... cartilage (cartilage covering the ends of bones where they ... or illness, and can lead to degenerative disease. Treatments ... achieved limited results, but currently there is no method ... engineering involving the delivery of therapeutic proteins to the ...
Cached Biology News:Diabetes researchers pioneer islet cell xenotransplantation in primate studies 2HIV accessory protein disables host immunity via receptor-protein intermediary 2Stem cells from muscles can repair cartilage 2Stem cells from muscles can repair cartilage 3
Caliper offers a wide array of standard LabChip products designed to be used in combination with our AMS 90 and LabChip 3000 microfluidic platforms....
... provide fast and reliable automation for ... drug development laboratories. Staccato Mini-Workstations offer ... automate basic liquid handling and material ... with either Caliper's time proven CLARA™ ...
Caliper offers a wide array of standard LabChip products designed to be used in combination with our AMS 90 and LabChip 3000 microfluidic platforms....
... Fermentation System to achieve high ... and maximum information output 4 ... precision with small-scale requirements provides users ... with E.coli, Pichia pastoris, yeast, fungi ...
Biology Products: